116 Harvest Falls Dr, Broussard, LA, 70518 | $164/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Broussard at 116 Harvest Falls Dr, Broussard, LA, 70518 offers a 8.14% rental yield on a $278,500 purchase with $1,889/mo rent. Total monthly income registers $1,889/mo, and a $1,363/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,967/yr on $92,323 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $1,797/yr while 5% annual appreciation supports $76,944 over five years. Portfolio math shows five-year ROI at 114.27% and total cumulative return in cash at $105,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,889/mo property income against a $1,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

5,227 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,416 (100%)
Owner Occupied HU	5,481 (73.9%)
Renter Occupied HU	1,225 (16.5%)
Vacant Housing Units	710 ( 9.6%)
Median Home Value	$283,930
Average Home Value	$307,325